TheStreet

According to the firm’s latest 13F filing with SEC, Pershing made a new billion-dollar buy and expanded its stake in another major holding in Q2. Both moves shifted Pershing Square further toward the artificial intelligence boom via two of the market'.

Insights

Bill Ackman pours billions into 2 tech stocks amid AI boom

Investing.com

Shares of Unitedhealth Group (NYSE:UNH) surged 7% after-hours Thursday after Warren Buffett’s Berkshire Hathaway showed a new 5 million shares stake in the beleaguered healthcare provider. The value of the stake is $1.37 billion based on Thursday.

UnitedHealth shares surge as Buffett’s Berkshire shows new stake

Reuters

Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achieve huge synergies both in their operations and in the trading price.

Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac

Bloomberg

Bond traders are ramping up bets on the Federal Reserve cutting interest rates this year, as signs of a weakening US economy bolster the case for the central bank to reduce borrowing costs as demanded by President Donald Trump.

Bets on Fed Rate Cuts Are Sweeping Through US Bond Market

CNBC

The artificial intelligence software provider’s revenues grew 48% during the period. Analysts hadn’t expected the $1 billion revenue benchmark from the Denver-based company until the fourth quarter of this year.

Palantir tops $1 billion in revenue for the first time, boosts guidance

Now investors are waiting on Nvidia, the chipmaker at the heart of the AI boom and the world’s biggest company, which is scheduled to release its earnings on Aug. 27. Advanced Micro Devices Inc, its much-smaller rival in AI processors, reports on Tuesday.

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